Ask Question
18 February, 05:26

The raw materials used in manufacturing during the year totaled $1,018,000. Raw materials purchased during the year amount to

+2
Answers (1)
  1. 18 February, 09:10
    0
    1,081,000

    Explanation:

    Here we will use the formula

    Material Purchase = Beginning raw material - (Ending raw material + raw material used)

    by applying this formula we can calculate Material purchased.

    = 547,000 - (610,000+1,018,000)

    = 1,081,000
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The raw materials used in manufacturing during the year totaled $1,018,000. Raw materials purchased during the year amount to ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers